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Olga Wright Real Estate

2401 S Denison Ave, San Pedro, CA 90731

2401 S Denison Ave, San Pedro, CA 90731

$1,900,000
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Basics

  • Date added: Added 1 year ago
  • Lot size: 6081 sq ft
  • Year built: 1972
  • No of Units: 14

Description

  • Description:

    Great investment opportunity! This well-maintained multifamily property presents a rare chance to acquire a strong income asset in San Pedro. The offer includes two parcels, 2401 S. Denison Ave (7465-010-032) and 2405 S. Denison Ave (7465-010-033), each improved with a seven (7)-unit building, for a total of 14 units. All units are one-bedroom, one-bath, and many feature tile flooring. The property has been well maintained with an onsite manager and is ideally located close to major freeways and shopping. Recent improvements include new roofs (2025), upgraded electrical panels (2025), and fresh exterior paint (2025). Tenants benefit from a shared laundry room and 14+ on-site parking spaces for resident use. This is the first time the property has been on the market since 2004, offering investors a compelling opportunity to acquire a stabilized asset with long-term ownership history. The property is subject to the Los Angeles Rent Stabilization Ordinance (RSO).

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